The IMA is calling for the introduction of a new type of fund structure it says will send out a "strong signal" the UK is serious about providing cross-border funds, ahead of the introduction of the new UCITs IV Directive.

Most traditional high-yield investors "won't touch" £500m worth of junk bonds set to be issued by Manchester United Plc because they are unrated and there are plenty of alternatives, an analyst says.

Swiss food company Nestlé has ruled itself out of the bidding for Cadbury and has instead given Kraft Foods the firepower to sweeten its own offer.

Investors have an average weighting of just 0.1% in emerging markets (EM) despite almost two thirds of IFAs considering it the best performing asset class, research suggests.

The UK inflation rate in November was the highest since May, official figures show.

The upcoming reversal of the UK's emergency VAT cut could spark a collapse in New Year retail sales and ultimately derail the nation's economic recovery, M&G retail fixed income head Jim Leaviss says.

"Fantastic" and a "big surprise" is how multi-managers and advisers are describing the return to running money of Fidelity's iconic fund manager Anthony Bolton. But some offer a word of warning...

European shares dipped in early trading on Monday with banks reversing some initial gains after ING unveiled plans to launch a €7.5bn (£6.9bn) rights issue and split itself in two.

After falling on Tuesday, European markets opened up this morning boosted by banks and oil as investors await more corporate results.

Iceland has agreed to pay €3.8bn to compensate Britain and the Netherlands for money paid to 400,000 savers whose deposits were lost when Icesave collapsed in October last year.